Dear valued User,

We work with different types of advertisers. Some of them include gambling, investment schemes, High Yield Investment Program, Cryptocurrency, and Alcohol or tobacco etc. In no way or form are we endorsing these products/services. Please utilize them at your own risk, religious/country rules and requirements. Whatever you chose to follow, invest or gain please do at your own risk and free will. Thank You, ES Management

Description

NEM is a peer-to-peer crypto platform. It is written in Java and JavaScript with 100% original source code. NEM has a stated goal of a wide distribution model and has introduced new features in blockchain technology in its proof-of-importance (POI) algorithm. NEM also features an integrated P2P secure and encrypted messaging system, multisignature accounts and an Eigentrust++ reputation system.

NEM has gone through extensive open alpha testing starting June 25, 2014, followed by lengthy and comprehensive beta testing starting on October 20, 2014. NEM finally launched on May 31, 2015.

Technology

XEMXEM is the native currency of the NEM public blockchain. It is used to pay for transactions on this public blockchain in order to incentivize its network of public nodes that process and record transactions for businesses and users there. This means that XEM has real fundamental value as the currency of a functioning economy.

HarvestingHarvesting is closely similar to mining in other cryptocurrencies, but it uses unique methods called Proof of Importance and Delegated Harvesting to determine who harvests the next block. Harvesting is necessary to keep the network online and to confirm transactions.

Supernode ProgramSupernodes are high performance blockchain nodes which form the backbone of the NEM blockchain network. Accounts with 3,000,000 or more XEM can operate a supernode, either from a local computer or from a cloud-hosted server. Supernodes are required to be up and running 24 hours per day, processing all transactions.

CatapultCatapult is a full-featured blockchain engine that can power both private and public networks with its unique smart contract plugins. These plugins enable bulletproof digital asset creation, decentralized swaps, advanced account systems and business logic modeling.In its next phase, Catapult will become the core NEM engine. Public chain Catapult has been in testing for three years to thoroughly troubleshoot bugs and implement features. Its expected release is in 2019.

Proof-Of-ImportancePOI is the consensus algorithm used in NEM to determine who will calculate the next block. An account's importance is determined by how many coins it contains and the number of transactions made to and from that account. POI is different from other initiatives which use a fee-sharing model that does not take into consideration one's overall support of the network. In some proof-of-stake systems a person only needs to have large amounts of coins to form a block; however, in NEM the transaction amount as well as support of the network become a factor. This has been designed to encourage users of NEM to not simply hold NEM but instead actively carry out transactions within the NEM ecosystem.

Features

- NEM is built 100% from scratch (not a fork of any existing project)- NEM is built with test-driven development.- NEM uses innovative Proof-of-Importance algorithm: first reputation based blockchain algorithm.- NEM is the first crypto with delegated harvesting.- NEM improves different features of POW and POS coins, being more efficient and environmentally friendly.- NEM has customizable assets called Mosaics. Editable supply, levies, description, transferability and more.- NEM has Namespaces to help maintain reputation of Mosaics.- NEM one minute average block times.- NEM has advanced blockchain features: multilevel multisig (Multisig 2.0), aggregate transactions, account properties, cross-chain swap.- NEM is the first with localized spam protection.- NEM is the first with Eigentrust++ peer reputation management.- NEM is the first editable m-of-n multisig with blockchain based alerts.- NEM is the first every P2P network with nodes time syncing in a decentralized manner.- NEM offers encrypted, unencrypted and hex messaging.- NEM is easy to install with a one-click installer.- NEM zero monetary inflation (fixed supply, all 9 billion coins released at launch).- NEM relatively large egalitarian distribution.- NEM will offer mobile wallets for both iOS and Android.

Our monthly newsletter contains news, updates and exclusive bonus opportunities. You may unsubscribe at any time.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer